Big project right there.
First thing to check is the stringers. Make sure they're solid.
Sleek Craft's typically have 1/4 stringers or what some call a motor box. If it's a full stringer boat and they're in good condition that's even better.
Also with 1/4 stringer boats, they usually have a subfloor which is part of the structural rigidity and strength of the boat.
I would ditch the Olds for a BBC. So much easier to get parts for a chevy.
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